Memecoin
KuCoin User Linked to Memecoin Scams
Crypto exchange KuCoin confirms a user's address is responsible for launching thousands of memecoin scams but will not freeze assets without official notice from law enforcement. The wallet address has been marked as a fake phishing wallet by blockchain explorer Etherscan.
Ethereum Network's Gas Fees Skyrocket Amid Memecoin Frenzy
Ethereum's gas fees have hit a new multi-month high due to the growing memecoin frenzy. While this has brought in more revenue for the network, it has also caused congestion and difficulty in processing transactions.
Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates
Billy Markus, the iconic founder of the Dogecoin (DOGE) memecoin, has lashed out on his Twitter handle as he called out a new generation of developers looking to get rich quick through memecoin creations.
Shiba Inu Announces Metaverse Initiative Codenamed "Shiberse"
Shiba Inu announced the launch of the Shiberse, a metaverse world that will be focused on redefining the incentivization model for its growing community.
Growth of Memecoins Shows the "Power of Decentralization": CZ
Changpeng Zhao, the Chief Executive Officer of Binance, known on social media as “CZ”, said in an interview with the Associated Press that the growth of memecoins, particularly Dogecoin is a direct reflection of the “power of decentralization.”